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Business Developments & Projects

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Construction of Purus’ ammonia-ready gas carriers gains ground in South Korea
Business Developments & Projects

Construction of Purus’ ammonia-ready gas carriers gains ground in South Korea

Purus, a provider of maritime services for gas transport and offshore wind industries, has hailed the beginning of the construction of another medium-sized gas carrier (MGC) for ammonia transport.

about 1 year ago
Monna Lisa joins Leonardo da Vinci in Prysmian's fleet (Video)
Business Developments & Projects

Monna Lisa joins Leonardo da Vinci in Prysmian’s fleet (Video)

Prysmian’s new cable laying vessel (CLV) Monna Lisa has joined the fleet of the Italian cabling giant, following the completion of its sea trials. The keel-laying ceremony for the CLV, a sister vessel to Leonardo da Vinci, was held in Tulcea, Romania, in April 2023 to mark the start of construction,

about 1 year ago
low-carbon ships
Business Developments & Projects

France goes big on maritime decarbonization with ‘CORIMER low-carbon ships’ initiative

The French government is launching a new call for proposals to accelerate the production of low-carbon ships and boats in the country.

about 1 year ago
Hapag-Lloyd adds ninth LNG dual-fuel 23,600 TEU giant to the fleet
Business Developments & Projects

Hapag-Lloyd adds ninth LNG dual-fuel 23,600 TEU giant to the fleet

Pressing ahead with fleet expansion, German container shipping major Hapag-Lloyd has christened the ninth LNG dual-fuel 23,660 TEU containership, Bangkok Express.

about 1 year ago
Baker Hughes has launched an all-electric subsea production system, marking a step towards full electrification in offshore operations.
Business Developments & Projects

Baker Hughes rolls out all-electric subsea system to advance offshore electrification

U.S.-headquartered energy technology giant Baker Hughes has launched an all-electric subsea production system, marking a step towards full electrification in offshore operations. According to Baker Hughes, the system delivers a fully electric topside-to-downhole solution, designed to integrate with

about 1 year ago
Valaris DS-12 drillship; Source: Valaris
Business Developments & Projects

BP hits oil & gas pay in Mediterranean Sea

UK-headquartered energy giant BP has found more oil and gas in the northern Mediterranean within the Egyptian Exclusive Economic Zone (EEZ).

about 1 year ago
Three tenders up for grabs for second Malta-Italy interconnector
Business Developments & Projects

Three tenders up for grabs for second Malta-Italy interconnector

InterConnect Malta, owned by the Maltese government, has issued three new tenders for the second electrical interconnector between Malta and Italy. This comes less than a month after the project had received final approval. The IC2 interconnector will consist of a new ~122-kilometer-long 225 MW HVAC

about 1 year ago
Amogy enters South Korean market to advance its ammonia-to-power solutions
Business Developments & Projects

Amogy enters South Korean market to advance its ammonia-to-power solutions

U.S.-based provider of ammonia-to-power solutions Amogy has opened an office in the Pangyo Techno Valley in South Korea, positioning the company for growth and commercialization.

about 1 year ago
Deepsea Nordkapp rig; Source: Odfjell Drilling
Business Developments & Projects

Two drilling strikes in a row for Aker BP as another North Sea well comes up empty

Aker BP has drilled another dry well in the North Sea off the coast of Norway. The drilling activities were conducted by one of Odfjell Drilling’s semi-submersible rigs.

about 1 year ago
Lloyd’s Register approves Lehmann Marine’s CUBE battery system
Business Developments & Projects

Lloyd’s Register approves Lehmann Marine’s CUBE battery system

Lehmann Marine, a Germany-based lithium iron phosphate (LFP) battery systems specialist, has received type approval from the classification society Lloyd’s Register for its CUBE battery system.

about 1 year ago
Canadian ports link up with North Sea Port to accelerate energy transition
Business Developments & Projects

Canadian ports link up with North Sea Port to accelerate energy transition

Five Canadian ports have signed an MoU with the North Sea Port to collaborate on strengthening trade and accelerating energy transition.

about 1 year ago
Norwegian firm enters Asia-Pacific market with latest acquisition
Business Developments & Projects

Norwegian firm enters Asia-Pacific market with latest acquisition

Norwegian Offshore Rental (NOR) is entering the Asia-Pacific (APAC) market through the acquisition of Clockwise Subsea, a provider of rental and sale of marine equipment to the civil, marine, renewable and oil & gas sectors. Established in 2017, Clockwise Subsea is based in Singapore, Malaysia and I

about 1 year ago
Deepsea Mira rig; Source: Odfjell Drilling
Business Developments & Projects

Two Namibian prospects on TotalEnergies’ drilling agenda in 2025 as it puts off FID for oil discovery

TotalEnergies has decided to bump a final investment decision (FID) to next year for its giant oil discovery in the Orange Basin off the coast of Namibia. However, the firm has lined up drilling activities at two prospects in the African country for 2025.

about 1 year ago
Transocean Barents rig is on drilling duty with OMV Petrom in Romanian Black Sea; Source: OMV Petrom
Business Developments & Projects

WATCH: Transocean rig preps to spin the drill bit on €4B gas project

With preparations one of the semi-submersible rigs, owned by Transocean, is undergoing in Constanta drawing to a close, a start-up date for a long-term drilling campaign on a natural gas project in the Black Sea is fast approaching.

about 1 year ago
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